Deutsche Post DHL Group: significant revenue and earnings growth in Q3
Deutsche Post DHL Group continued its profitable growth trajectory in the third quarter of 2019. In the period from July to September, the Group increased revenue by 4.7% year-on-year to EUR 15.6 billion. Operating profit improved from EUR 376 million to EUR 942 million, with the prior-year figure being impacted by non-recurring expenses of EUR 392 million at Post & Parcel Germany. All five divisions contributed to the Group’s good revenue and earnings performance. The international express business and the German parcel business saw especially dynamic growth as e-commerce continued to boom.